USD/TRY is currently trading at 3.0834 levels. It made intraday high at 3.0921 and low at 3.0800 levels. Intraday bias remains slightly bearish for the moment. Key support levels are seen at 3.0642, 3.0544, 3.0218, 3.012…
It made intraday high at 3.0921 and low at 3.0800 levels.
Intraday bias remains slightly bearish for the moment.
Key support levels are seen at 3.0642, 3.0544, 3.0218, 3.0122, 2.9598, 2.9189, 2.9015 and 2.8847 thereafter.
On the other side, key resistance levels are seen at 3.0921, 3.0967 and 3.1048 levels respectively.
Positioning is inconclusive at this point, with prices offering no clear cut signal to initiate a long or short trade. We will continue to remain on sidelines for the time being.
